Wednesday, August 1, 2012

Free to Choose

Milton Friedman would have been 100 years old yesterday and his death in 2006 marked the loss of an international treasure.  No surprise that Google did not offer a tribute and stuck with the Olympics theme.

Just the day before I was watching his schooling of Phil Donahue on "greed" during a 1979 book promotion appearance.  I also watched an episode of Free to Choose part five, with a young Dr. Thomas Sowell getting quite annoyed, loud at times, with rich, White, a Leftist woman who liked putting words in the mouths of Black people.  That episode was not much to my liking, as the editing let the Left get away with too many shenanigans.  However, I did not give up on the series.

While watching Episode One, I realized that I must have seen it when it was new and completely forgot, since many of the words, entire sentences, of Milton Friedman are things I say today when explaining "Chicago School" Free-Market Economics to people today.  Episode One is quite good, even when the Marxists and Social Democrats (dubbed "social fascists" by Stalin) join into the conversation.

The comparison between 1970s Hong Kong and Red China are going into the new book, right beside comparisons between Taiwan and Red China since 1949, as well as North and South Korea.

Part two is great also, it includes on the panel: Donald Rumsfeld, Richard Deason, Helen Hughes, Jagdish Bhagwati.

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